Fri, 20 February
7.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Haypost operator closes last year with a 1.2 billion drams profits

YEREVAN, February 4, /ARKA/. HayPost Armenian postal operator closed last year with a 1.2 billion Drams profits, for the first time in recent years, transport and communications minister Gurgen Sarkisian said today.

Speaking to journalists he said the company renovated last year 30 post offices, the bulk of them were outside Yerevan and plans to renovate 50 more postal offices this year.

Haypost chief manager Arman Khachatryan said earlier the company was planning to have 300 pos offices renovated and modernized this year.

HayPost currently operates through 900 of its postal offices across Armenia, from urban to the most remote rural regions.

On November 30, 2006, the Dutch HayPost Trust Management B.V. was given the responsibility to operate HayPost. The purpose of the Trust Management is to make HayPost increasingly commercial, transparent, efficient and accountable for its customers in Armenia and abroad. -0-

spot_img

POPULAR

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

Armenia is discussing the possibility of providing loans to taxi drivers with transparent incomes

Minister of Economy Gevorg Papoyan announced that he has initiated discussions on providing loans to taxi drivers with transparent incomes.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Share of bad loans is decreasing – head of the Union of Banks of Armenia

The share of bad loans in the system is declining and is less than 2%. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), announced this at a final press conference.

LATEST NEWS

spot_imgspot_imgspot_img